The level of losses decided must be associated with a time period, in which the occurrence of issues would be tolerated. The information security specifies the threats that can be either logically such as virus, intrusion etc. or physically, such as theft, disaster, fire, earthquake, and rain. Following are some cyber-crime which can be considered as significant security issues:
· Phishing attack
· Identity theft
· Copyright infringement
· Click fraud
· Computer virus
· Advance fee fraud
Now a day, the information systems have made many organizational processes successful. Some successful organizations would not exist without the information system, as they are completely operating on the information system. Though, improper use of information technology which can cause problems for the employees and organization. The criminals and hackers are gaining access to the information of credit cards, which can lead to loss of sensitive financial data for the owners of the cards or financial institute.
In order to commit crimes within the information technology, the cyber-crimes occur. The cyber-crimes can range from annoying computer users to enormous financial losses. The growth of the smartphones and the high-end mobile devices, which have easy access to the internet can be considered as the way to increase the grot hog cyber-crime. As per me, the identity theft, phishing attack, click fraud, hacking, and computer virus can be considered as the one kind of cyber-crimes activity.